K3 Retail, a UK’s provider of retail software based on Microsoft technology, will be showcasing its new Loss Prevention solution at this year’s Retail Fraud conference, on Tuesday, April 20 at the Novotel London West.
The K3 Retail LP is a suite of analysis and evidence gathering tools that supports audit teams as they focus their efforts on store and employee theft. If used creatively as part of the store manager mission, it can help create a LP culture across the organisation which in turn not only drives down employee theft, but also makes store staff more aware of the other sources of shrinkage including shoplifting, CNP fraud, process-driven loss and vendor fraud, the software firm says.
John Little, Sales Director at K3 Retail, said, “The K3 LP solution works on two levels. Firstly, it helps identify pre-meditated theft which allows retailers to collect the evidence needed to prepare cases and prosecute criminals. Secondly it permits retailers to spot behaviour which could develop into more serious fraud.”
Now in its seventh year Retail Fraud drew over 470 delegates in 2009, which included over 160 of the top 250 UK retailers by turnover. For more information on the event and to book – visit
